AS June 2022 Q3

EdexcelCurrent spec14 marksGame Theory

3. Terry and June play a zero-sum game. The pay-off matrix shows the number of points that Terry scores for each combination of strategies.

June
Option XOption Y
TerryOption A\(1\)\(4\)
Option B\(-2\)\(6\)
Option C\(-1\)\(5\)
Option D\(8\)\(-4\)
(a) Explain the meaning of ‘zero-sum’ game. (1)
(b) Verify that there is no stable solution to the game. (2)
(c) Write down the pay-off matrix for June. (1)
(d)
(i) Find the best strategy for June, defining any variables you use.
(ii) State the value of the game to Terry. (7)

Let Terry play option A with probability \(t\).

(e) By writing down a linear equation in \(t\), find the best strategy for Terry. (3)